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Gulf Canadian Real Estate Investment results, Q2 2024

Net profit, assets, equity and cash flow for Q2 2024, against the same period a year earlier, from the published financial statements.

Net profit-99.48 thousandEGP · +67.6% vs the same period a year earlier
Total assets31.38 millionEGP · +8.4% vs the same period a year earlier
Shareholders' equity29.24 millionEGP · +9.2% vs the same period a year earlier
Operating cash flow-355 thousandEGP · −31.6% vs the same period a year earlier

In short

  • Gulf Canadian Real Estate Investment's net profit for Q2 2024 was about -99.48 thousand EGP, up +67.6% from -307 thousand EGP in Q2 2023.
  • Total assets at the end of Q2 2024 were about 31.38 million EGP, and shareholders' equity about 29.24 million EGP.
  • Operating cash flow for Q2 2024 was negative at 355 thousand EGP.
Source: the Q2 2024 financial statements

Key lines against the same period a year earlier

This periodQ2 2023Change
Net profit-99.48 thousand-307 thousand+67.6%
Gross profit———
Total assets31.38 million28.93 million+8.4%
Total liabilities2.14 million2.14 million−0.4%
Shareholders' equity29.24 million26.79 million+9.2%
Total liabilities and equity31.38 million28.93 million+8.4%
Operating cash flow-355 thousand-270 thousand−31.6%
Investing cash flow213 thousand284 thousand−24.9%
Net change in cash-142 thousand13.82 thousand−1126.6%

Figures in EGP from the published statement summaries (consolidated where the company publishes consolidated statements), after normalising reporting units across periods. The exact figure is in the attached report, which may be the standalone version. Figures are as shown in the published statement summary; quarterly figures may be cumulative from the start of the fiscal year.

Official report (PDF)All of Gulf Canadian Real Estate Investment's statements, five yearsAsk the AI analyst about CCRS

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